A gst registered dealer input credit claim details for the month of November-2020.
Itc as per books Rs: sgst -23,400 cgst -23,400
Itc as per gstr2b auto populate Rs:sgst-21,500/- cgst-21,500/-
Question:
Dealer itc claimed show amounts in gstr3b above mentioned for the month November-20.

I have received Rs. 4,70,000/- as commission from one supplier and ITDS has been deducted by him 23,500/- u/s.194H . Whether this income/Receipt of Rs. 4,70,000/- may be declared u/s.44AD ?

If a person who is in trading of furniture and having turnover of rs. 34 lacs in f.y. 2019-20 and he also have interest income from saving A/c and FDR of Rs. 2.50 lacs whether he is require to get GST registration because he got Interest income of Rs. 2.50 (Service income) and his total turnover exceeds Rs. 20 lacs in F.Y. 2019-20.

One of my has business model, where he received 100% advance for services to be rendered.
now the same is shown in GSTR 1, as advance received and tax is paid on the same correctly as per TOS rules.
The same is shown as sales and advance adjusted in month when the services is completed and invoice is raised.

Now, in auto-popluated 3B the difference of inter-state advances and advance adjusted is getting populated in table 3.2 : under "Supplies made to Unregistered persons". is this correct or there is some error?

all the advances received are from registered person.

Sir
Client mistakenly forgot to claim ITC amount in GSTR 9 which was claimed in 3B !

What to do now ?

If we file gstr 9c with unreconciled ITC and give actual reason for not claiming in gstr 9 will there be any liability ?

Please help

A recruitment company developed an E-HR software to enhance their recruitment process. The software has been developed and currently in use. The use of the software is, their recruitment team will search for suitable candidates using the software. In subsequent years, they purchased candidate resumes to update their resume database. The additional resume should be capitalised or expensed off?

Now auto generation of ITC is enabled, but this shows only the ITC from the monthly invoices and not year to date. Please advise if 10% limit over the auto generated ITC is applicable on the basis of monthly figure or year to date figure, i.e on basis of invoices appearing in GSTR2A for April - November period or only on basis of invoices appearing in November month GSTR2A while claiming ITC for month of November?

I want to know the export duty on non basmati rice from india?

also, if i transport rice from tamilnadu to cochin (kerala) port, any IGST or any tax i need to pay?

A person buys a flat in the name of her daughter. Is it necessary to execute a gift deed?
And, if yes, can a gift deed be executed at a date later than date of buying the property

Hi Sir,

Rental Agreement copy is mandatory for getting HRA Exemption ?

If one is submit only Rent Receipt, then can we consider for the same for Tax Calculation ?

Please clarify......

Thank you